Schnitzer Steel Industries, Inc. reported earnings results for the first quarter ended November 30, 2021. For the first quarter, the company reported sales was USD 798.12 million compared to USD 492.11 million a year ago. Net income was USD 46.2 million compared to USD 14.1 million a year ago.

Basic earnings per share from continuing operations was USD 1.64 compared to USD 0.51 a year ago. Diluted earnings per share from continuing operations was USD 1.55 compared to USD 0.5 a year ago. Basic earnings per share was USD 1.64 compared to USD 0.51 a year ago.

Diluted earnings per share was USD 1.55 compared to USD 0.5 a year ago.